Consider the Following Data for Three Divisions of a Company

question 9

Multiple Choice

Consider the following data for three divisions of a company, X, Y, and Z:
$\begin{array}{lrrr}\text { Divisional: } & \text { X } & \text { Y } & \text { Z } \\\text { Sales } & \$ 1,800,000 & \$ 900,000 & \$ 4,800,000 \\\text { Operating Income } & 252,000 & 108,000 & 240,000 \\\text { Investment in assets } & 630,000 & 540,000 & 3,000,000\end{array}$ The asset turnover (AT) for Division X is (rounded) :

• A) 1.43.
• B) 1.60.
• C) 1.67.
• D) 2.86.
• E) 3.33.